News

Russia, Mexico 2025 Bilateral Trade & Investment Relations: Update

BRICS, Eurasian Economic Union, Exports, Imports, Investment, Latin America, Trade

The Russian Ambassador to Mexico, Nikolay Sofinsky, has given an interview to TV BRICS concerning Russia’s current relations with Mexico. This included subjects such as bilateral development and trade details, BRICS, cultural exchanges and the potential for other Russian-Latin American trade. TV BRICS questions are prefixed as such, Nikolay Sofinsky’s responses are prefixed NS. Our […]

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Venezuela’s Difficult Path To BRICS Membership – An Explainer

BRICS, Latin America, Trade

Venezuela has been working hard to join BRICS as a full member, with Caracas well aware of the growing role of the group on the world stage and attaching great importance to Venezuela-BRICS cooperation. However, significant political and diplomatic barriers need to be overcome by Caracas if it is to succeed. Most of this lies

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Russia – China Rail Freight Grows 9.3% In 2M 2025

China, Exports, Infrastructure, Logistics & Transport, Trade

Russian freight traffic to China via the Russian Railways network continues to grow, according to Sergey Pavlov, the first deputy head of Russian Railways. He was speaking at the TransRussia conference last Friday (March 21) in Moscow. According to Pavlov, in January-February 2025, more than 30 million tonnes of cargo were transported via Russian Railways

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Russia Incentivizes Exports To Friendly Countries By Offering 50% Transport Discounts

Exports, Finance, Russia's Belt & Road, Trade

Russian exporters can now receive subsidies of up to 50% to compensate for transportation costs when exporting their products to friendly countries, according to Dmitry Kuskov, Director of the Department of International Cooperation and Licensing for Foreign Trade of the Russian Ministry of Industry and Trade. Kuskov announced this at the plenary session of the

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Russia, Qatar Developing Regional Rail, Road and Port Infrastructure

Infrastructure, Investment, Middle East, Russia's Belt & Road, Trade

Russia and Qatar are negotiating a draft intergovernmental memorandum on cooperation in transport and transit, the Russian Ministry of Transport has stated. It is another example of Russia’s own version of the Belt & Road Initiative. The two countries have been holding their fifth meeting of the joint Russian-Qatari commission on trade, economic and technical

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Mongolian Extension Of Power of Siberia 2 Pipeline Completing Environmental Assessment

Asia, China, Energy, Exports, Infrastructure, Investment

Mongolia is completing its environmental assessment of the Soyuz Vostok natural gas pipeline from Russia to China, according to Sergey Tsivilyov, Russia’s Energy Minister. He was speaking after a meeting with Zandaakhuugiin Enkhbold, Mongolia’s special envoy on Friday (March 21). Tsivilyov said that “The discussion focused on the construction of the Soyuz Vostok natural gas

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Russian Parliament To Ratify Republic of Congo Oil Pipeline

Africa, Energy, Investment, Miscellaneous, Trade

The Russian government has submitted an intergovernmental agreement with the Republic of the Congo on cooperation on the construction of the Pointe-Noire – Loutete – Moluko – Tresho oil product pipeline in the Congo to the Russian State Duma for ratification. The agreement (No. 870793-8), which was signed in Moscow on September 28, 2024, has

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Russia To Audit Ecuador’s Banana Certification System

Agriculture, Imports, Latin America, Regulatory

The humble banana is a point of trade interest between Russia and Latin America’s Ecuador, with the south americans providing 16% of all bananas consumed in Russia. There have been some inconsistencies in product, leading to experts from Russia’s plant and animal health watchdog Rosselkhoznadzor to conduct an audit of Ecuador’s banana certification system in

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Eurasian Economic Union, Mongolia, Agree On Temporary Free Trade Agreement

Asia, Eurasian Economic Union, Exports, Imports, Trade

The Eurasian Economic Union (EAEU) and Mongolia have agreed on the remaining issues concerning a temporary free trade agreement, according to the Eurasian Economic Commission (EEC). This follows a meeting between EEC Trade Minister Andrei Slepnev and Gantumur Luvsannyam, the Mongolian Economic and Development Minister. Slepnev said “We have conducted productive talks, in which we

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Belarus Allows Citizens of 67 Countries To Use E-visa Applications

Logistics & Transport, Regulatory, Trade

In stark contrast to the policies of the European Union towards Belarussian nationals, the Belarusian Foreign Ministry has stated that foreign citizens will be able to enter Belarus on an electronic visa from March 20. The Ministry’s statement read “Starting from March 20, 2025, foreign citizens will be able to enter Belarus on an electronic

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